Reviewing today's intraday market movements, BTC overall oscillated within the 61200-62000 range during the day, while ETH remained weak and sideways in sync. In the middle of the night, there was a slight uptick, testing the 62400 high area, but it was quickly suppressed by strong bearish selling pressure above, and the price is now hovering around 62000, with ETH falling back to around 1730. Several short positions around 62000 that Old Yang placed in today's live trading yielded good results. Although the range was small, every bit counts—by precisely capturing the entry points and mastering the rhythm, profits came easily.

Looking at the current chart, BTC's daily chart has been printing small bullish candles with upper and lower shadows, indicating balanced momentum in the tug-of-war between bulls and bears. No consecutive large bullish candles have appeared yet to trigger a downside breakout, but the selling volume is gradually shrinking, and buying support at lower levels is starting to emerge. For the price to firmly break above the middle Bollinger Band at 61500, it needs to gain further upward momentum. If the price breaks below the 60000 mark again, it will open up a new downside space, with a target directly at 55000. Currently, the overall trend remains bearish, and no reversal signals have appeared, so the safest approach is still to focus on short positions. Avoid holding long positions for an extended period.

BTC can be shorted around 62500-63000, targeting near 61000.
ETH can be shorted around 1750-1780, targeting near 1650.
#ETH突破1700 $BTC ‌$ETH ‌